About Us

History

1981

The Oregon Law Foundation was created by the Oregon State Bar to fund law-related charities.

1983

Oregon’s lawyers created a voluntary Interest on Lawyers Trust Accounts (IOLTA) program. IOLTA programs began in Australia and Canada in the early 70’s. The concept was simple: the Foundation asked members of the Bar to convert their non-interest bearing, pooled client trust accounts into interest-bearing accounts, with the interest benefiting the Foundation.

1988

The OLF, the Oregon State Bar, and the Oregon Supreme Court worked together to transform the voluntary IOLTA program into a mandatory one. In November 1988, Oregon lawyers voted 2-1 for mandatory IOLTA, and Oregon’s mandatory IOLTA program began May 1, 1989.

2005

Oregon Banks worked with the OLF to create the Leadership Bank program (now Leadership Bankss & Credit Unions) to highlight the generosity of banks that voluntarily pay above-market interest rates on IOLTA.

Staff

Board

Contact

Documents

• OLF Policies and Procedures (pdf)
• 2017 Annual Report (pdf)
• 2016 990 Tax Return (pdf)
• 2016 Audited Financial Statements (pdf)